ZERO Goodwill! Shutdown Corporate Store for Sublease in Clarendon, TX

Asking Price$50,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

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ZERO Goodwill! Shutdown Corporate Store for Sublease in Clarendon, TX


Asking Price$50,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Store will be rebranded to Phillips 66 next month!

Inside Sales were over $87,000 per month! Outside sales were over 36,000 gallons per month! Lottery commission was $2,450 per month!

Jobber Contract Terms:
Fixed commission: 3 cents per gallon.
Credit card fees: Jobber pays 70% and Buyer pays 30%.
Jobber contract runs concurrently with the lease.
Jobber is fully responsible for fuel equipment maintenance.
Store is currently unbranded and will be rebranded with new Phillips 66 image!
Lease Terms:
Base Rent is only $3,950 NNN per month!
Estimated NNN expense (Property Tax, Insurance, and Maintenance) is $1,500 per month.
The lease offered is triple net (NNN) with a 2% annual increase, structured initially for a 5-year term with three renewal options of 5 years each—totaling up to 20 years available!
Located in a growing region of Texas with excellent highway access!

Buyer's Responsibilities:
Acquisition Fee: $50,000
First Month's Rent: $3,950
Security Deposit: $20,000
Goodwill: ZERO GOODWILL
About the Business
Website
https://riverbrokers.com/
Real Estate
Owned or Leased
Leased
Rent
$3,950.00 per month
Listing Info
ID
2459784
Listing Views
4
Business Location

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Business Listed by: Kavita Purohit River Brokers

Listing ID: 2459784 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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